I know I’m supposed to want it to keep going up as a wealth generator or whatever.
But like… I wouldn’t be able to afford the monthly payments if I bought my house right now and it’s scary. Also none of my friends are buying homes, none of them are even renting full places. Just like renting rooms.
So what are your feelings home owners of lemmy?
Already happened here, 30% wiped off house values since the end of 2021 and still falling, interest rates still going up. Incompetent goverment has crashed the economy hard. Fortunately we’re mortgage free, and getting renovations done while the economy is down